Market Overview:
The global gearless tractors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for fuel-efficient and low-emission vehicles, rising awareness about environment-friendly alternatives, and growing investments in research and development (R&D) activities. The global gearless tractors market is segmented on the basis of type, application, and region. On the basis of type, it is divided into double push, lap, disc, shaft drive tractor systems. The double push tractor system dominates the global gearless tractors market with a share of more than 50%. This can be attributed to its high efficiency and easy maneuverability.
Product Definition:
Gearless tractors are agricultural machines that use a driveshaft to transmit power from the engine to the wheels, as opposed to gears. Gearless tractors are important because they reduce wear and tear on the equipment, which can lead to increased longevity. Additionally, gearless tractors are often more fuel-efficient than those with gears.
Double Push:
Double push is a technology that uses two sets of tires with different sized wheels to provide more traction. It was initially designed for heavy-duty applications but has found its way into gearless tractors as well. The system consists of two large diameter tires with smaller diameter tires mounted on the rear axle, which provides more traction than the standard setup.
The benefits offered by double push include increased stability while operating in low-traction conditions.
Lap:
Lap is a part of the steering system that is used to change the speed of the vehicle. It's basically an extension or a platform on which we place our feet while driving. The lap mechanism allows changing speed by applying brakes or accelerating. In case of neutral gear, it helps in providing better traction and stability at high speeds as compared to traditional tractors where farmers had to use clutch pedal for low range gears.
Application Insights:
The commercial application segment dominated the global gearless tractors market in 2017 and is expected to witness significant growth over the forecast period. The segment is further divided into construction, agriculture, forestry and mining, public works and highways among other uses such as transportation of goods. In addition to providing power for farm work, these machines are also used in construction activities such as road repairs or building demolitions. Their use has increased due to their ability to climb slopes with ease while providing traction for snow removal or ice clearing operations on slippery surfaces.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of developing countries such as China, India, and Japan has driven the regional market. Furthermore, increasing demand for agricultural equipment in these countries will drive growth further.
The Asia Pacific region is characterized by a large number of manufacturers that cater to local as well as international markets. Companies such as Kubota Corporation; CNH Industrial Naveira S/A; New Holland Ltd.; Mahindra & Mahindra Limited; and Isuzu Motors Ltd.; are some of the prominent players operating in this region. These companies have a strong distribution network across major cities and rural areas which provides them an edge over other players operating in their respective sectors.
Europe accounted for more than 20% share of global revenue in 2017 owing to growing demand from several end-user industries including construction, agriculture, marine etc.
Growth Factors:
- Gearless Tractors market is witnessing a paradigm shift with the advent of electric vehicles. This is expected to fuel the growth of Gearless Tractors market in the coming years.
- The increasing awareness about the benefits of using Gearless Tractors is another major factor that is expected to drive the growth of this market in the near future.
- The growing demand for agricultural products across the globe is also anticipated to boost demand for Gearless Tractors in the next few years.
- The rising disposable income of consumers in developing countries is also projected to contribute significantly towards growth of this market over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gearless Tractors Market Research Report
By Type
Double Push, Lap, Disc, Shaft
By Application
Commercial, Household
By Companies
Mitsubishi, Hitachi, Otis, Kone, Monadrive, SANEI Elevator, Torin Drive, Zhejiang Xizi Fuward
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Gearless Tractors Market Report Segments:
The global Gearless Tractors market is segmented on the basis of:
Types
Double Push, Lap, Disc, Shaft
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Household
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitsubishi
- Hitachi
- Otis
- Kone
- Monadrive
- SANEI Elevator
- Torin Drive
- Zhejiang Xizi Fuward
Highlights of The Gearless Tractors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Double Push
- Lap
- Disc
- Shaft
- By Application:
- Commercial
- Household
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gearless Tractors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Gearless tractors are a type of tractor that doesn't use gears. They're usually powered by electric motors. Gearless tractors are useful for tasks like farming, construction, and mining.
Some of the major players in the gearless tractors market are Mitsubishi, Hitachi, Otis, Kone, Monadrive, SANEI Elevator, Torin Drive, Zhejiang Xizi Fuward.
The gearless tractors market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gearless Tractors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Gearless Tractors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gearless Tractors Market - Supply Chain
4.5. Global Gearless Tractors Market Forecast
4.5.1. Gearless Tractors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gearless Tractors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gearless Tractors Market Absolute $ Opportunity
5. Global Gearless Tractors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Gearless Tractors Market Size and Volume Forecast by Type
5.3.1. Double Push
5.3.2. Lap
5.3.3. Disc
5.3.4. Shaft
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gearless Tractors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Gearless Tractors Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Household
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gearless Tractors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Gearless Tractors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Gearless Tractors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Gearless Tractors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Gearless Tractors Demand Share Forecast, 2019-2026
9. North America Gearless Tractors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Gearless Tractors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Gearless Tractors Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Household
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gearless Tractors Market Size and Volume Forecast by Type
9.7.1. Double Push
9.7.2. Lap
9.7.3. Disc
9.7.4. Shaft
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Gearless Tractors Demand Share Forecast, 2019-2026
10. Latin America Gearless Tractors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Gearless Tractors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Gearless Tractors Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Household
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gearless Tractors Market Size and Volume Forecast by Type
10.7.1. Double Push
10.7.2. Lap
10.7.3. Disc
10.7.4. Shaft
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Gearless Tractors Demand Share Forecast, 2019-2026
11. Europe Gearless Tractors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Gearless Tractors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Gearless Tractors Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Household
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gearless Tractors Market Size and Volume Forecast by Type
11.7.1. Double Push
11.7.2. Lap
11.7.3. Disc
11.7.4. Shaft
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractivenes/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Gearless Tractors Demand Share, 2019-2026
12. Asia Pacific Gearless Tractors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Gearless Tractors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Gearless Tractors Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Household
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gearless Tractors Market Size and Volume Forecast by Type
12.7.1. Double Push
12.7.2. Lap
12.7.3. Disc
12.7.4. Shaft
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Gearless Tractors Demand Share, 2019-2026
13. Middle East & Africa Gearless Tractors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Gearless Tractors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Gearless Tractors Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Household
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gearless Tractors Market Size and Volume Forecast by Type
13.7.1. Double Push
13.7.2. Lap
13.7.3. Disc
13.7.4. Shaft
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Gearless Tractors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gearless Tractors Market: Market Share Analysis
14.2. Gearless Tractors Distributors and Customers
14.3. Gearless Tractors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mitsubishi
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hitachi
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Otis
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kone
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Monadrive
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SANEI Elevator
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Torin Drive
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Zhejiang Xizi Fuward
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
